Luxembourg Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Luxembourg inflation rate for 2023 was 3.74%, a 2.59% decline from 2022.
- Luxembourg inflation rate for 2022 was 6.34%, a 3.81% increase from 2021.
- Luxembourg inflation rate for 2021 was 2.53%, a 1.71% increase from 2020.
- Luxembourg inflation rate for 2020 was 0.82%, a 0.92% decline from 2019.
| Luxembourg Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
3.74% |
-2.59% |
| 2022 |
6.34% |
3.81% |
| 2021 |
2.53% |
1.71% |
| 2020 |
0.82% |
-0.92% |
| 2019 |
1.74% |
0.22% |
| 2018 |
1.53% |
-0.20% |
| 2017 |
1.73% |
1.44% |
| 2016 |
0.29% |
-0.18% |
| 2015 |
0.47% |
-0.15% |
| 2014 |
0.63% |
-1.11% |
| 2013 |
1.73% |
-0.93% |
| 2012 |
2.66% |
-0.75% |
| 2011 |
3.41% |
1.14% |
| 2010 |
2.27% |
1.91% |
| 2009 |
0.37% |
-3.03% |
| 2008 |
3.40% |
1.09% |
| 2007 |
2.31% |
-0.35% |
| 2006 |
2.67% |
0.18% |
| 2005 |
2.49% |
0.26% |
| 2004 |
2.23% |
0.18% |
| 2003 |
2.05% |
-0.02% |
| 2002 |
2.07% |
-0.59% |
| 2001 |
2.66% |
-0.49% |
| 2000 |
3.15% |
2.13% |
| 1999 |
1.03% |
0.07% |
| 1998 |
0.96% |
-0.41% |
| 1997 |
1.37% |
0.18% |
| 1996 |
1.18% |
-0.68% |
| 1995 |
1.87% |
-0.33% |
| 1994 |
2.19% |
-1.39% |
| 1993 |
3.59% |
0.43% |
| 1992 |
3.15% |
0.04% |
| 1991 |
3.12% |
-0.14% |
| 1990 |
3.25% |
-0.12% |
| 1989 |
3.37% |
1.93% |
| 1988 |
1.44% |
1.49% |
| 1987 |
-0.06% |
-0.35% |
| 1986 |
0.29% |
-3.80% |
| 1985 |
4.09% |
-2.34% |
| 1984 |
6.44% |
-2.23% |
| 1983 |
8.67% |
-0.69% |
| 1982 |
9.36% |
1.28% |
| 1981 |
8.07% |
1.77% |
| 1980 |
6.30% |
1.75% |
| 1979 |
4.55% |
1.45% |
| 1978 |
3.09% |
-3.61% |
| 1977 |
6.71% |
-3.09% |
| 1976 |
9.80% |
-0.92% |
| 1975 |
10.72% |
1.18% |
| 1974 |
9.54% |
3.47% |
| 1973 |
6.07% |
0.84% |
| 1972 |
5.23% |
0.55% |
| 1971 |
4.67% |
0.03% |
| 1970 |
4.64% |
2.35% |
| 1969 |
2.29% |
-0.33% |
| 1968 |
2.63% |
0.46% |
| 1967 |
2.17% |
-1.17% |
| 1966 |
3.33% |
0.00% |
| 1965 |
3.33% |
0.24% |
| 1964 |
3.10% |
0.22% |
| 1963 |
2.88% |
1.98% |
| 1962 |
0.90% |
0.41% |
| 1961 |
0.48% |
0.03% |
| 1960 |
0.45% |
0.03% |
